The insurance company is any insurer being a company, partnership, or association that may be wound up under the Companies Act, 1913. The only governing body for regulating and developing the insurance sector of Bangladesh is the Insurance Development and Regulatory Authority of Bangladesh (IDRA) since 2010. There are many insurance companies in Bangladesh. We try to order them in the top ten. We hope this trial will be helpful for everyone.
Top Ten Insurance Company in Bangladesh
Here you have to see the best top ten Insurance companies in Bangladesh right now. The top 10 list Insurance company names and their income, net worth, and overview. Top Ten Insurance Company in Bangladesh. Best BD Insurance company right now. Top 10 car insurance companies in Bangladesh. Alico, Jibon Bima, Delta life Insurance.
1. American Life Insurance Company: American Life Insurance Company is one of the earliest companies in Bangladesh. It was working from 1952 and though it was an America based insurance company, they have successfully adapted it to suits the needs and expectations of Bangladeshi people.
2. Jiban Bima Corporation: Jiban Bima Corporation is one of the State-owned Bima Corporation in Bangladesh, it has branches all over the country in Bangladesh. The word Jiban and Bima mean Life Insurance which comes from the Bengali language.
3. Delta Life Insurance Company Limited: Delta Life Insurance Co. Ltd is the first private insurance company in Bangladesh in 1984. It also broadens its range of works abroad. Delta Life Insurance Co Ltd is founded for serving the nation in insurance service all over the country.
4. Popular Life Insurance Company Limited: Popular Life Insurance Company Ltd is one of the unique insurance companies in Bangladesh. This unique insurance company started its journey to reach all the insurable people in Bangladesh and they are successful also with their direct beneficial schemes and other offerings.
5. Shandhani Life Insurance Company Ltd: Shandhani life insurance company is creating a change in society by their ‘ Micro Insurance’ segment. This insurance company has been working for 25 years in Bangladesh. Shandhani life insurance focuses on the poor people and low-income people also for purchasing insurance and they provide smaller insurance and low-cost insurance and very soon they able to get lost of the customer of Bangladesh.
6. Meghna Life Insurance Co. Ltd: Standard Meghna Life Insurance was established in 1996 with the concern of providing at in right price with modern facilities.
7. Takaful Islami Insurance Ltd: Bangladesh is an Islamic country so most of the people of this country are Muslims on focusing this Takaful Islami Insurance started their journey with many schemes based on Islamic rules. This company works in both sectors Life and Non-Life insurance. It has successfully created a large network all over the country.
8. Pragati Insurance Co Ltd: Pragati Life Insurance is a Non-life insurance company in Bangladesh. It provides various schemes such as Mediclaim Insurance, Accident Insurance, Building Insurance, Factory based Insurance, Aviation Insurance, Home Insurance, etc.
9. Padma Life Insurance Co. Ltd: Padma Life Insurance Company is also an Islamic Insurance company in Bangladesh. Their plans are designed to keep security as well as growth aspects in mind.
10. Sunlife Insurance Co. Ltd: From 2000 started it’s the journey by focusing on customer security and benefits. These top ten insurance companies proudly serve the nation of Bangladesh.